1

TABLEOFCONTENT

NAMEOFTHEBUSI NESS-------1ADDRESSOFTHEBUSI NESSPRODUCTTOBEOFFERED---

----2VI
SION/MISSI
ONSTATEMENT-------2INTRODUCTORYSECTI ONOFTHE
PRODUCTCAPI TALREQUI
REMENT--------2MATERIALREQUI REMENT--------2HUMAN
RESOURCEREQUI REMENT------4TECHNICAL/
TECHNOLOGYANDEQUI PMENT
REQUIREMENT-4MARKETI NGREQUIREMENT-------10FINANCIALREQUIREMENT-------
13PROCESSINGREQUIREMENT

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THENAMEOFTHEPRODUCT

Cy
nveggi
eli
mit
ed

ADDRESSOFTHEBUSI
NESS

Thebusi
nessi
slocat
edatNo.20OkochaRoad,
Rumuol
umeni
,Por
tHar
cour
t,Ri
ver
sSt
ate.

THEPRODUCTTOBEOFFERED

Cucumberi soneoft hemostpopularvegetabl

eswidel
yconsumedby ev
eryNiger
ianinEast
,
West,NorthandSout handinothercountri
es.I
tcanbeeatenrawandcanalsoserveasan
i
ngredientforgar
nishingsal
ads,
soupsandst ewifpossi
bleorasaccompanimentsto
var
iousfoods.

VI
SION/
MISSI
ONSTATEMENTI
NTRODUCTI
ONSECTI
ONOFTHEPRODUCT

Cucumbersar
escient
if
ical
l
yknownasCUCUMISSATI
VIS.Itbel
ongst
othecucurbi
taceace
famil
yandinNepal
.Cucumberpl
anthasacl
i
mbi
ngortr
ail
inghabit
.Pi
cki
ng,sl
ici
ngand
seedlessar evarieti
esof cucumber .Cucumberf arminginNi geri
awashi thertodonemainlyint
he
northernpart,nowf armer sint hesouthernregi
onpl antt
hist ypeofvegetable.Har
veststar
tfrom
36-45day swhenhy br i
dslicingvari
eti
esareplanted.Thedemandf orf
reshcucumber sisquiet
hugei nNigeri
aast heyar eusedi nprepar
ingsaladsandot hert ypeoffood.Cucumberplantscan
onlygr owundert ropicalcondi t
ions.Cucumbercanbegr ownunderpr otectedcult
ivat
ion
(gr
eenhouses, polyt
eunnel sornethouses)andinopenf i
elds.

Heal
thBenef
it
sofCucumber

Cucumberhasamildfl
avorwit
hat hi
n,t
ender,dar
kgreenski
nthatdoesnotrequi
repeel
ing,
cucumbercanbebenefi
ti
ngtothebody,i
tcannormal
i
ze,regul
ateandnutri
fyyourbodysyst
em.
Herear
efewbenef
itofcucumbertothebody.a.

Cutscancerr
isk-wheny
oui
ncl
udecucumberi
nyourdi
ety
our
bodyhav
ethebenef
itoff
ight
ing
agai
nstcancer.
b.

Keepsy
ourbodyhy
drat
ed-I
tis96%wat
er.
c.

Ai
dsi
nwei
ghtl
ossandal
sor
educeschol
est
erol

I
thasacompoundcal
l
edst
erol
sthathel
pst
oreducebadchol
est
erol
.d.
Ref
reshest
hemout
handbadbr
eat
h

I
tref
reshesandheal
sdi
seasedgums,
leav
ingy
ourmout
hsmel
l
inggood.
e.

Rev
ivest
heey
es

asli
ceofcucumberar
epl
acedont
heey
esbecausei
tisaf
orm ofr
educi
ngunder
-ey
ebagsand
puf
fi
ness.
f.

Nour
ishesy
ouwi
thv
itami
ns

suchasvi
taminsA,
BandCwhi
chusual
l
yboosti
mmuni
tysy
stem,
giv
esener
gyandkeep
y
ouglowi
ng.g.

St
eadi
esbl
oodpr
essur
esh.

Fl
ushesouttoxi
nsandkeepski
dneyi
nshape,
dissol
veki
dney
stones,
lowerur
icaci
dlev
elsi
n
oursyst
em.i
.

Al
l
evi
atesmuscl
esandj
ointpai
ns.j
.

Goodfortr
eat
ingdiabet
ics;
itcont
ainsahor
moneneededbyt
hecel
loft
hepancr
easf
or
pr
oducingi
nsuli
n.k.

Suppli
esski
nenhancementThesear
efewt
oment
ionont
heheal
thbenef
itofcucumbert
o
thebody.
4

MATERI
ALREQUI
REMENTS

Thevar
iousmat er
ial
sthatwil
lenableustocarr
youtt
heplant
ingofcucumberarestat
ed
bel
ow:
Hy br
idseed-N35,000Fert
il
izer-N20,
000Manur
e(chi
cken)-N5,000Pest
ici
des-N10,
000

Fer
ti
li
zer

:Solubl
eandchl ori
defreef ert
il
izersl
ikepotassium sulphate,potassium nitrate,cal
cium nit
rat
e,
monopot assi um phosphat e,micronut
rients,
humant es(humi caci d)andf luvicacid)and
microbial
inocul antswil
l beused.Thecucumberpl antswill
bef ert
igateddailyt i
ll
thelastdaysof
fi
nancialharv est.Smallquant i
tiesofmi xedfer
til
izersol
uti
onwi ll
beappl iedt otherootsoft he
cucumberpl antsev er
yday throughdripirri
gati
on.Humant eswi llmaket hefer ti
l
izersstabl
e
andstayatt her ootbase; i
talsomagni fi
estheeffici
encyoft heappl i
edfer t
il
izer.Microbial
profi
le
ofthesoil.

Manur
e

:Chi
ckenmanur
eisthepref
err
edmanur eforcucumber
far
ming.2-
5tonesofchi
ckenmanure
arer
equi
redf
oroneacreoff
armland.Chi
ckenmanureisaverypot
entsour
ceofnutr
ient
s.

Pest
ici
des

:I
ncucumberfar
mi ng,or
ganic,
inorgani
cpesticidesorbothcanbeused.Befor
eplanti
nghigh
dosageoff
luv
icacidmaybeusedt odecomtami natet
hesoil.Neem oi
landasuit
ablesoapcan
al
sobeusedtoki
llharmfulnematodesandmi crobesafterapplyi
ngneem oi
l
,molassandhumic
aci
dcanbeusedtor epopul
atethebenefici
almicrobesinthesoil
.

Hy
bri
dseeds

Thecommonhybr
idcucumberseedsinNiger
iaar
eMuranoFI,
TokyoFIandDari
naFI.These
seedsar
ehi
ghy
iel
dingandabl
etoresi
stpestanddi
seasest
hanopenpoll
inat
edvar
ieti
es.

Sour
ceofMat
eri
als

:
Forastar
t,mater
ialt
obeusedfort
hecult
ivat
ionoft
hecucumberwi
l
lbepr
ocur
edf
rom
I
gwur
utainRiv
ersStateorUy
oinAkwa-
Ibom St
ate.

MeansofTr
anspor
tat
ion
Themater
ial
wi l
lbetransport
edusi
ngapr
ivat
etr
anspor
tfr
om ei
ther
Igwur
utaofUy
otoOkocha,
Rumuol
umeni,PortHarcourt
.

HUMANRESOURCESREQUI
REMENTS

Cy nveggi elimit
edar esettobecomeal eadi
ngcucumberf arm herei nr
iversst ateaswel las
Nigeriaatl argeandt oachievethis, i
tisvi
talwebuil
dasol i
dbusi nessst ructuret hatwil
lallowus
startandr unour businesswi t
hf ewhi t
chesaspossi bleandalsoal lowusachi eveour goal
sand
objecti
v es.Inbuil
dingawor kf
orcef orourbusiness,wewi l
lfocusont hoset hatunderstand
customerexcel l
enceandal sothev isi
onthatwest andforasacompany .Thoset obeempl oyed
musthav et heknowledgeandexper ienceofhowt owor keffi
cientlyandef fectivelyandhow
cucumber farm workinor dertohelpi nbuil
dingourbusinessf r
om t hestartt othelevelwe
i
nt end.Forast art
,wewi l
lemployt hef ol
l
owingpeopl etohandlet hedi f
ferentresponsibil
it
ies
fr
om i t
sv ar i
oustasks; Di
rector,fr
ontdeskof fi
cer,f
armwor kers(2), cl
eaner.

Wagest
ruct
ure

Director-N80,
000FrontDeskoff
icer-N15,
000Far
m Worker
s(2)-N50,000Cl
eaner-N10,
000As
thebusinesspr
ogressesthesesetofhumanpersonnel
wil
lbeneededasrepr
esentedi
nan
organogram.

TECHNI
CAL/
TECHNOLOGI
CALANDEQUI
PMENTREQUI
REMENT

Ther equi
redequipmentneededforastartar
estat
edbelow;Farmtool
ssuchascutlass,
hoe
et
c.Dripir
ri
gati
onKnapsacksprayer
StakesuchasBamboo, Bindi
ngwir
eandropeCost
st
ructure:
Farmtool-N10,000Dri
pir
rigat
ion-N100,
000Knapsackspray
er-N5,
000Stake-
N20,000

Managi
ngDirect
orHuman/Admi n
Manager
Accountant
/Cashi
erStor
e/Mat
eri
alManager
Dist
ri
but
or/
Del
i
ver
yDr
iver
FrontDeskOf
fi
cer
Far
m Worker
sCleanersSecuri
ty

Asthebusi
nesspr
ogressessmal
lfar
mtechnol
ogiesl
ikepotabl
eti
ll
ers,
pet
rol
power
edpl
ough
andweederet
cwil
lbeprocuredt
oenabl
eusproduceonlar
gescale.

MARKETI
NGREQUI
REMENT
Thei ntendedpr oductstobepr oducedcanbeusedoreat enbyal l
ir
respecti
veofage( 2y ears
andabov e)gender ,t
radit
ionandcust om.Thet ar
getedmar ketisasfoll
ows: fr
uitgardensor
mar ketsindividuals,
hotel
s, v
eget ableshops, companiesthatspeciali
zeincucumber processing
aswel last heent i
recityofpor tHar courtandthenationatlarge.
Inothertocreateawar enessto
consumer sandal soenhancepat ronage, di
ffer
entmeanswi l
lbeempl oyedsuchassoci al
medi aplatf
or ms( f
acebook, instagram etc),advert
isi
ngofCy nv eggi
eLimitedinfrui
t
gardens/ mar ketsetc,i
nor dertomaket hebusi nessknownt othegeneralpublic.I
tscostpr i
ce
perbagwi l
l beatN2, 000atacheaper r
atefrom othercucumberf armers.

FI
NANCI
ALREQUI
REMENT

Cy
nVeggi
eLi
mit
eda)

Pro-
FormaIncomeStatement:Expect
edsal
esisatleast10bagsofcucumberperdayf
ora
star
t.
Eachbagwill
costN2,000.0010bagswil
lcostN20,000Weekl
ybasis20,
000x6worki
ng
days=N120,000Monthl
ybasis20,000x24worki
ngday s=480,000

Annual
basi
sN480,
000x12mont
hs=N5,
760,
000Expect
edpr
ofi
t:
Annual
basi
sSal
esv
olume

expensesN5,
760,
000

N3,240,000=N2,520,000(expectedpr ofi
t)Theoper ati
ngexpensesoft hebusinessTotalf
ixed
cost=N1, 700,
000(Rates,
rent ,el
ectr
icit
ybi l
lsoverheadetc)Totalvari
ablecost=
N1,540,000(l
abour,
mat er
ials,administr
ationcostov er
headset c)
Selli
ngpriceperunit=N2,000
Totalsales=N5,760,000Tot alquantit
ysol d=totalsalesSell
i
ngprice=5,760,
0002,000=2,
880
uni
tssol dVar
iabl
ecostperuni tTVC=1, 540,000Unitsold2,880=N534. 72k

Br
eak-
evenv
olume=

f
ixedcost

I
-var
iabl
escost
Sel
l
ingpr
ice
9

=1,
700,
000I

534.722000=1,
700,
0001-
0.26736=1,
700,
0000.
73264=2,
320,
375.
6Appr
oxi
mat
ely2,
320,
376
uni
ts

Sal
esout
put

1.

Br
eak-
evenquant
it
y:2,
320,
376uni
ts2.

Br
eak-
evensal
es;
(br
eak-
evenquant
it
yxpr
iceperuni
tof
product
)=2,
320,
376x2000=
4,
640,
752,
000

Mar
ginofsaf
ety

Sal
esv
olume=Tot
alsal
es

t
otal
var
iabl
escost
=5,
760,
000

1,
540,
000=4,220,
000Thi
sshowstheexcesspr
ofi
tthatexi
stwhenal
esr
isebey
ondt
hebr
eak-
ev
enpoint
.PROCESSI
NGREQUIREMENT

10

Necessar
ymater
ial
swi
ll
beputint
othesoi
l.Fi
rstofal
l
,thesoi
ltestwi
l
lbecarr
iedout(mul
chi
ng,
i
rr
igati
on)wi
l
lbedonei
nthepr
ocessofpl
anti
ngtoensureourcustomersgett
hebest.

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